fbpx 42529-023: Growth Recovery Support Program | Asian Development Bank

Georgia: Growth Recovery Support Program

Sovereign (Public) Project | 42529-023 Status: Closed

ADB is supporting critical social spending programs in Georgia that have been affected by the global economic crisis. Then project will allow the government to deal with negative shocks to budget revenue and maintain core spending programs and push through with public investments designed to preserve and create new jobs for economic recovery.

Project Details

Project Officer
Farinha Fernandes, Joao Pedro Central and West Asia Department Request for information
  • Georgia
  • Public sector management
Project Name Growth Recovery Support Program
Project Number 42529-023
Country Georgia
Project Status Closed
Project Type / Modality of Assistance Loan
Source of Funding / Amount
Loan 2532-GEO: Growth Recovery Support Program
concessional ordinary capital resources lending / Asian Development Fund US$ 30.00 million
Strategic Agendas Inclusive economic growth
Drivers of Change Gender Equity and Mainstreaming
Governance and capacity development
Sector / Subsector

Public sector management / Economic affairs management - Public expenditure and fiscal management - Social protection initiatives

Gender Equity and Mainstreaming Some gender elements
Project Rationale and Linkage to Country/Regional Strategy
Impact Partial mitigation of the adverse economic and social impact of the global economic crisis and revitalization of the Georgian economy back to pre-crisis trajectory of growth and social development
Project Outcome
Description of Outcome Help Georgia implement a countercyclical fiscal stimulus response with immediately high expenditure execution rates (within 2009)
Progress Toward Outcome
Implementation Progress
Description of Project Outputs Help cushion the impact on expenditure program from the negative revenue shocks.
Status of Implementation Progress (Outputs, Activities, and Issues)
Geographical Location
Summary of Environmental and Social Aspects
Environmental Aspects
Involuntary Resettlement
Indigenous Peoples
Stakeholder Communication, Participation, and Consultation
During Project Design
During Project Implementation
Business Opportunities
Consulting Services TBD
Procurement TBD
Responsible ADB Officer Farinha Fernandes, Joao Pedro
Responsible ADB Department Central and West Asia Department
Responsible ADB Division Public Management, Financial Sector and Trade Division, CWRD
Executing Agencies
Ministry of Finance
Mr. Dimitri Gvindadze
Tbilisi, Georgia
Concept Clearance 22 May 2009
Fact Finding 15 Feb 2009 to 24 Feb 2009
MRM 25 May 2009
Approval 06 Jul 2009
Last Review Mission -
PDS Creation Date 17 Jul 2009
Last PDS Update 20 Jul 2009

Loan 2532-GEO

Approval Signing Date Effectivity Date Closing
Original Revised Actual
06 Jul 2009 06 Jul 2009 16 Jul 2009 31 Dec 2009 - 24 Sep 2009
Financing Plan Loan Utilization
Total (Amount in US$ million) Date ADB Others Net Percentage
Project Cost 30.00 Cumulative Contract Awards
ADB 30.00 06 Jul 2009 29.94 0.00 100%
Counterpart 0.00 Cumulative Disbursements
Cofinancing 0.00 06 Jul 2009 29.94 0.00 100%

Project Data Sheets (PDS) contain summary information on the project or program. Because the PDS is a work in progress, some information may not be included in its initial version but will be added as it becomes available. Information about proposed projects is tentative and indicative.

The Access to Information Policy (AIP) recognizes that transparency and accountability are essential to development effectiveness. It establishes the disclosure requirements for documents and information ADB produces or requires to be produced.

The Accountability Mechanism provides a forum where people adversely affected by ADB-assisted projects can voice and seek solutions to their problems and report alleged noncompliance of ADB's operational policies and procedures.

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Title Document Type Document Date
Amendment to the Loan Agreement (Special Operations) for Loans 2531 and 2532-GEO: Growth Recovery Support Program Loan Agreement (Special Operations) Apr 2017
Growth Recovery Support Program Project/Program Completion Reports Dec 2010
Loan Agreement for Growth Recovery Support Program between Georgia and Asian Development Bank dated 6 July 2009 Loan Agreement (Special Operations) Jul 2009
Growth Recovery Support Program Reports and Recommendations of the President Jun 2009

Safeguard Documents See also: Safeguards

Safeguard documents provided at the time of project/facility approval may also be found in the list of linked documents provided with the Report and Recommendation of the President.

None currently available.

Evaluation Documents See also: Independent Evaluation

Title Document Type Document Date
Georgia: Growth Recovery Support Program Project Performance Evaluation Reports Dec 2017
Georgia: Growth Recovery Support Program Validations of Project Completion Reports Dec 2012

Related Publications

None currently available.

The Access to Information Policy (AIP) establishes the disclosure requirements for documents and information ADB produces or requires to be produced in its operations to facilitate stakeholder participation in ADB's decision-making. For more information, refer to the Safeguard Policy Statement, Operations Manual F1, and Operations Manual L3.

Requests for information may also be directed to the InfoUnit.


No tenders for this project were found.

Contracts Awarded

No contracts awarded for this project were found

Procurement Plan

None currently available.